List of countries by GDP (PPP) per hour worked

Last updated August 21, 2020

The GDP (PPP) per hour worked is a measure of the productivity of a country when not taking into account unemployment or hours worked per week. GDP (PPP) stands for gross domestic product normalised to purchasing power parity.

Methodology

The data of the following list comes from The Conference Board ^[1] and Eurostat.^[2] GDP is measured in purchasing power parity, normalised to 2013 US dollar (comparable to a 2013 international dollar). It is calculated from 2005 EKS PPP estimates from Penn World Tables (PWT 7), updated with GDP deflator changes. Work is measured as hours worked during the year in employee and self-employment jobs.^[3]

Countries

Rank	Country	GDP (PPP) per hour 2013
1	Norway	75.08
2	Luxembourg	73.22
3	United States	67.32
4	Belgium	60.98
5	Netherlands	60.06
6	France	59.24
7	Germany	57.36
8	Ireland	56.05
9	Australia	55.87
10	Denmark	55.75
11	Sweden	55.28
12	Austria	54.83
13	United Kingdom	51.38
14	Canada	50.29
15	Iceland	50.01
16	Switzerland	49.88
17	Spain	49.59
18	Finland	48.79
19	Barbados	46.19
20	Italy	45.04
21	Japan	43.77
22	Singapore	41.46
23	Hong Kong	41.30
24	Trinidad and Tobago	40.04
25	Taiwan	39.97
26	Slovenia	39.78
27	Israel	38.99
28	New Zealand	36.83
29	Malta	36.02
30	Slovakia	33.44
31	Greece	32.77
32	South Korea	32.31
33	Czech Republic	31.23
34	Cyprus	31.18
35	Lithuania	27.53
36	Portugal	27.23
37	Poland	25.81
38	Hungary	24.37
39	Estonia	23.50
40	Turkey	22.83
41	Latvia	21.15
42	Russia	19.70
43	Chile	19.55
44	Saint Lucia	18.58
45	Uruguay	18.16
46	Costa Rica	17.81
47	Bulgaria	16.48
48	Malaysia	16.47
49	Mexico	16.23
50	Romania	15.46
51	Venezuela	15.05
52	Argentina	13.84
53	Ecuador	13.81
54	Jamaica	12.95
55	Colombia	11.26
56	Peru	10.99
57	Brazil	10.78
58	Armenia	10.00
59	Thailand	8.54
60	Sri Lanka	6.85
61	India	3.40
62	Bangladesh	1.98

Rank	Country	Euros per hour 2012
1	Norway	69.5
2	Luxembourg	58.2
3	Denmark	52.6
4	Ireland	50.4
5	Belgium	45.7
6	Netherlands	45.6
7	France	45.4
8	Sweden	44.9
9	Germany	42.6
10	Austria	39.5
11	Finland	39.5
12	United Kingdom	39.3
13	Italy	32.2
14	Spain	31.5
15	Cyprus	21.5
16	Slovenia	21.3
17	Greece	20.2
18	Portugal	17.0
19	Malta	14.5
20	Czech Republic	13.2
21	Slovakia	12.8
22	Hungary	11.3
23	Poland	10.4
24	Lithuania	10.3
25	Latvia	8.2
26	Romania	5.4
27	Bulgaria	4.8

Charts and graphs

List of countries by GDP (PPP) per hour worked (section)

Related Research Articles

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market.

Per capita income Mean income of the people in an economic unit such as a country or city

Per capita income (PCI) or average income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population.

The gross world product (GWP) is the combined gross national income of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP). According to the World Bank, the 2013 nominal GWP was approximately US$ 75.59 trillion. In 2017, according to the CIA's World Factbook, the GWP was around US $80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). The per capita PPP GWP in 2017 was approximately Int$17,500 according to the World Factbook.

Purchasing power parity (PPP) is a measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currencies. In many cases, PPP produces an inflation rate that is equal to the price of the basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the market exchange rate because of poverty, tariffs, and other transaction costs.

The world economy or global economy is the economy of all humans of the world, considered as the international exchange of goods and services that is expressed in monetary units of account. In some contexts, the two terms are distinct "international" or "global economy" being measured separately and distinguished from national economies while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of Earth.

Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure. Workforce productivity, often referred to as labor productivity, is a measure for an organisation or company, a process, an industry, or a country.

This is a comparison between U.S. states and sovereign states' Nominal Gross Domestic Product based on International Monetary Fund and Bureau of Economic Analysis data. Many of the states of the United States have large gross domestic product which would rank highly on a list of countries world GDP.

The International Comparison Program is a partnership of various statistical administrations of up to 199 countries guided by the World Bank. The main partners of this program are the World Bank, IMF, UN, ADB, OECD, CISSTAT, Eurostat, AfDB ESCWA, ECLAC, DFID, ABS, IDB, NMoFA who are also all part of the executive board.

References

↑ "The Conference Board Total Economy Database – Output, Labor, and Labor Productivity, 1950–2013" (Excel). The Conference Board. January 2014. GDP per Hour, in 2013 EKS$.
↑ "Labour productivity per hour worked (ESA95)". Eurostat.
↑ "The Conference Board Total Economy Database: Methodological Notes" (PDF). The Conference Board.

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[1] "The Conference Board Total Economy Database – Output, Labor, and Labor Productivity, 1950–2013" (Excel). The Conference Board. January 2014. GDP per Hour, in 2013 EKS$.

[2] "Labour productivity per hour worked (ESA95)". Eurostat.

[3] "The Conference Board Total Economy Database: Methodological Notes" (PDF). The Conference Board.

v t e Lists of countries by GDP rankings
Purchasing power parity (PPP)	Per capita Past per capita Past and projected per capita Private consumption per capita Per hour Per person employed Ten largest historically 19th century
Nominal	Per capita Past and projected per capita Sector composition
Growth rate	African countries Asian states European Union member states European countries Latin American and Caribbean countries Oceanian countries Per capita 1980–2010 growth Industrial growth
Gross national income (GNI)	PPP per capita Nominal per capita
Countries by region	Africa PPP nominal Commonwealth of Nations PPP nominal Latin America & Caribbean PPP nominal North America PPP nominal nominal per capita South America PPP Arab League nominal and per capita PPP and per capita ASEAN Asia Asia & Pacific PPP Former Soviet Republics Europe PPP PPP per capita nominal nominal per capita Oceania PPP PPP per capita nominal nominal per capita
Subnational divisions	Albania Argentina Australia Austria Belarus Belgium Brazil Bulgaria Canada Chile per capita China per capita Colombia Croatia Czech Republic Finland France nominal nominal per capita Germany nominal nominal per capita Greece Hungary India PPP per capita Indonesia Italy nominal per capita Japan per capita Kenya Malaysia Mexico per capita Netherlands Nigeria Norway Pakistan Peru Philippines Poland (per capita) Portugal Romania Russia per capita Serbia Slovakia South Africa per capita South Korea Spain Sweden Switzerland United Kingdom nominal nominal per capita United States PPP nominal nominal per capita Taiwan Tanzania Thailand Turkey Vietnam OECD Top country subdivisions by GDP nominal
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